
Trading The China Market with American Depository Receipts: How to Play Greater China with a Winning Edge
Author(s): Alan Voon (Author)
- Publisher: Wiley
- Publication Date: January 1, 2013
- Edition: 1st
- Language: English
- Print length: 208 pages
- ISBN-10: 9781118316023
- ISBN-13: 9781118316023
Book Description
Discover the secrets of trading the Chinese markets with American Depository Receipts
Introducing a new way to make virtually risk-free profits, Trading the China Market with American Depository Receipts teaches readers how to successfully trade U.S. listed American Depository Receipts (ADRs) of Chinese stocks . . . by using information that comes to light outside of Asian trading hours, but while the U.S. markets are still open. Filled with successful strategies for profitable trading made possible by interpreting business news to buy or short China ADRs before the information impacts those markets the next day, the book walks readers through this incredible opportunity step-by-step.
Filled with case studies that show the success of the strategies outlined, the book explains where to look for price-moving information. Aimed at investors of all types who have access to a brokerage account that can trade U.S. securities―including online brokers―Trading the China Market with American Depository Receipts is the ultimate guide to making money from China in your own backyard.
- Explains incredible new strategies for trading U.S. listed ADRs of Chinese stocks using information released after the Asian markets have closed for the day
- Includes case studies that clearly show how this strategy has worked and continues to work
- Features lists of relevant underlying shares and their corresponding ADRs
A low-risk strategy for profiting from foreign markets, Trading the China Market with American Depository Receipts shows how to use the U.S.-China time difference for profit.
Editorial Reviews
From the Inside Flap
American Depository Receipts (ADRs) are securities that are issued by foreign-based companies and traded in the U.S. market. Investors who are active during U.S. market hours can actually capture quick profits through a relatively risk-free trading strategy utilizing price-moving, after-market news from Asia to build positions in ADRs and/or their derivatives in the U.S. markets.
No one knows this better than author Alan Voon, a premier warrants specialist who’s been able to consistency find-and take advantage of-these opportunities. Now, in Trading the China Market with American Depository Receipts, he shares his extensive experience in this field with you.
Written with the serious trader in mind, this reliable resource reveals that when a foreign company’s home exchange is located in a different time zone, it usually leads to a time lag in information dissemination to other exchanges. This situation leaves a window open for the informed trader to profit-especially when an issuer announces price-sensitive news after their home exchange closes, but during U.S. market trading hours.
Divided into two comprehensive parts, Trading the China market with American Depository Receipts puts this proven approach in perspective as it skillfully:
- Explains the different types of available ADRs and examines the mechanisms of creating and cancelling them
- Looks at how and where to find potentially price-moving news released in after-hours Asian markets
- Provides the practical knowledge needed to actually trade Chines markets using ADRs and reveal who can help you execute these trades
- Discusses when to introduce various derivatives to magnify trading gains
- Addresses the possible pitfalls of suing thus strategy and provides examples of when a seemingly sure thing can sometimes go wrong
- Uses case studies to illustrate how the strategies can be implemented when companies announce earnings surprises and shocks, changes in government policies impact share price, or company-specific news breaks
While some may say that it’s impossible to find a “free lunch” or risk-free profits in today’s well-connected global marketplace, the possibility still exists. Engaging and informative, Trading the China Market with American Depository Receipts will help you find them, as you make money from China in your own backyard.
From the Back Cover
American Depository Receipts (ADRs) are securities that are issued by foreign-based companies and traded in the U.S. market. Investors who are active during U.S. market hours can actually capture quick profits through a relatively risk-free trading strategy utilizing price-moving, after-market news from Asia to build positions in ADRs and/or their derivatives in the U.S. markets.
No one knows this better than author Alan Voon, a premier warrants specialist who's been able to consistently find and take advantage of these opportunities. Now, in Trading the China Market with American Depository Receipts, he shares his extensive experience in this field with you.
Written with the serious trader in mind, this reliable resource reveals that when a foreign company's home exchange is located in a different time zone, it usually leads to a time lag in information dissemination to other exchanges. This situation leaves a window open for the informed trader to profit especially when an issuer announces price-sensitive news after their home exchange closes, but during U.S. market trading hours.
Divided into two comprehensive parts, Trading the China Market with American Depository Receipts puts this proven approach in perspective as it skillfully:
- Explains the different types of available ADRs and examines the mechanism of creating and canceling them
- Looks at how and where to find potentially price-moving news released in after-hours Asian markets
- Provides the practical knowledge needed to actually trade Chinese markets using ADRs and reveals who can help you execute these trades
- Discusses when to introduce various derivatives to magnify trading gains
- Addresses the possible pitfalls of using this strategy and provides examples of when a seemingly sure thing can sometimes go wrong
- Uses case studies to illustrate how the strategies can be implemented when companies announce earnings surprises and shocks, changes in government policies impact share price, or company-specific news breaks
While some may say that it's impossible to find a "free lunch" or risk-free profits in today's well- connected global marketplace, the possibility still exists. Engaging and informative, Trading the China Market with American Depository Receipts will help you find them, as you make money from China in your own backyard.
About the Author
ALAN VOON is the chief executive officer of Von Capital Limited and its associates at Warrants Capital Group, which are involved in asset management and capital market consultancy services. He is also the investment committee co-chairman of Huatai Von Malaysia Fund Segregated Portfolio, a Cayman Islands fund established by Huatai Financial Holdings (Hong Kong) Limited, a subsidiary of Huatai Securities Company Limited, one of the largest stockbrokers in mainland China. Voon is a contributor to major newspapers and magazines on topics related to ADRs and derivatives such as warrants, convertible loan stocks, options, and CFDs. Voon is the author of Make Money Investing in Warrants on Bursa Malaysia and Money in Warrants. His website, www.warrants.com.my, caters to the South East Asia warrants and Greater China ADRs market.
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